Friday, July 18, 2008

Interesting Chinese Economy Facts

“In 20 years, China’s cities will have added 350 million people — more than the entire population of the United States today.”

“By 2025, China will have 221 cities with more than one million inhabitants — compared with 35 in Europe today — and 24 cities with more than five million people.”

“By 2030 1 billion people will live in China’s cities… 170 mass-transit systems could be built…40 billion of square meters of floor space will be built in five million buildings—50,000 of which could be skyscrapers.”

In other words, as China transforms itself from a nation of farmers to a nation of urban dwellers, the equivalent of 10 New York cities will need to be built.

Dan Ross

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